Core Viewpoint - The price of XRP has recently surged by over 11% to $2.37, driven by increasing spot ETF inflows and decreasing availability on traditional cryptocurrency exchanges [1][2][4]. Group 1: Spot ETF Inflows - Spot XRP ETF inflows have risen significantly, reaching $48 million in a single day, indicating a growing interest from investors [2]. - Total inflows into spot XRP ETFs have exceeded $1 billion over the past two months, suggesting a bullish sentiment among investors towards XRP [3]. Group 2: Exchange Availability - The availability of XRP on traditional cryptocurrency exchanges has dropped to multi-year lows, indicating that fewer investors are selling their tokens on exchanges [4]. - By holding XRP in personal wallets rather than on exchanges, investors are reducing the supply of available tokens, which can lead to increased demand and higher prices [5]. Group 3: Broader Market Trends - The recent surge in XRP's price may also be influenced by a broader rebound in the cryptocurrency market, beyond just the factors of ETF inflows and exchange availability [6].

Cryptocurrency Market - Major cryptocurrencies are rebounding, with the total market value climbing over 6% to surpass $4 trillion, driven by comments from President Trump and Vice President Vance signaling openness to a trade deal with China [4][5] - Bitcoin recovered to around $115,000 after dipping below $105,000, while Ether rose to about $4,100 after falling below $3,500 [4] - Notable crypto gainers include XRP (+4%), Binance Coin (+3.3%), and Stellar (+1.3%) [4] Xiaomi Corporation - Shares of Xiaomi Corp dropped over 7% following reports of a car crash involving one of its SU7 electric sedans, which failed to open after a fiery crash in Chengdu, China [7][8] - The company had previously announced a software update for over 115,000 SU7 electric sedans to address potential safety issues related to assisted driving features [8] UPS and Shipping Issues - UPS is facing significant challenges with thousands of U.S.-bound packages stuck in hubs, leading to the disposal of some shipments due to new customs requirements imposed by the Trump administration [9][10] - The end of the "de minimis" tariff exemption has complicated the shipping process, with packages valued at $800 or less now subject to tariffs and fees, causing delays and confusion for customers [10][11] - UPS attributed the issues to "missing or incomplete information" required by new U.S. import regulations, which has contributed to a 30% decline in its stock price this year [11]